Independent blog compiled by students of the doctor-writer’s articles and speeches

Why the plutocrats back Brussels

Dalrymple writes that corporate interests,

ever anxious to suppress competition, approve of European Union regulations because they render next to impossible the entry of competitors into any market in which they already enjoy a dominant position, while also allowing them to extend their domination into new markets. That is why the CAC 40 (the French bourse benchmark) will have more or less the same names 100 years hence.